The Ultimate Nonprofit Accounting Guide
NonProfit PRO
AUGUST 7, 2024
Download this comprehensive resource for the latest best practices for budgeting, closing books, audits, reporting, managing payroll, compliance, and much more.
The Ultimate Nonprofit Accounting Guide
NonProfit PRO
FEBRUARY 7, 2024
The best accounting eBook for your team is here! Download this comprehensive resource for the latest best practices for budgeting, closing books, audits, managing payroll, compliance, and much more.
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Nonprofit Accounting FAQs: Your Questions Answered
Top Nonprofits
MARCH 6, 2025
Whether youre working at a small nonprofit with your executive director handling financial responsibilities, a large organization with full-time accounting staff, or anything in between, you should have a basic understanding of nonprofit accounting. What is nonprofit accounting? Statement of Activities.
The Ultimate Nonprofit Accounting Guide
NonProfit PRO
SEPTEMBER 7, 2023
The best accounting eBook for your team is here! Download this comprehensive resource for the latest best practices for budgeting, closing books, audits, managing payroll, compliance, and much more.
The Only Nonprofit Accounting eBook You Need
NonProfit PRO
FEBRUARY 21, 2025
Download this comprehensive resource for the latest best practices for budgeting, closing books, audits, reporting, managing payroll, compliance, and much more.
Ultimate Guide to Nonprofit Accounting Software
NonProfit PRO
MAY 23, 2023
Evaluating accounting software? Download this buyer’s guide for important core functionality and features to look for to manage finances effectively, how to navigate the process, frequently asked questions, and ways to ensure your team gets the most out of the software long-term. This guide has you covered.
4 Nonprofit Financial Management Challenges (& Solutions)
Get Fully Funded
FEBRUARY 10, 2025
When you start a nonprofit, one of the most important things to figure out is how to manage your organizations finances. However, nonprofit accounting is often more complicated than it sounds. As your organization expands and evolves, many complexities can arise, making financial management more difficult for your team.
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How to maximize efficiency with nonprofit accounting software
The Charity CFO
APRIL 20, 2023
How can nonprofit accounting software help your organization with efficiency? In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance. Where to start with nonprofit accounting software Nonprofits have to comply with strict financial accounting standards.
How To Avoid Nonprofit Accountant Turnover
The Charity CFO
SEPTEMBER 2, 2022
Not surprisingly, this above-average employee turnover impacted nearly every industry, but it has hit nonprofits and financial professionals particularly hard. . However, nonprofit accountant turnover is not a new problem in the sector. Why Do Nonprofit Accountants Quit? Fixing the “Do-It-All Nonprofit CFO” Model.
Meeting Today’s Constituent Expectations!
NonProfit PRO
OCTOBER 12, 2023
In support of our customers, the team at Amazon Web Services (AWS) for Nonprofits is dedicated to helping nonprofits innovate to meet those expectations. Meet your AWS for Nonprofits account manager today, and get constituent obsessed!
How to Set Up Your Nonprofit Accounting System RIGHT So it Helps You Grow
Get Fully Funded
JUNE 5, 2023
When set up right, your nonprofit accounting system will help you manage your nonprofit and streamline processes like budgeting, projecting cash flow, and even hiring. The problem is that if you’re like most, you haven’t paid a lot of attention to your accounting system. Maybe that’s you! I promise you will.
Nonprofit Accounting Basics for Founders, Board Members & Executives
The Charity CFO
JANUARY 17, 2022
If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. with this overview of nonprofit accounting basics. . What is nonprofit accounting? That’s really all that accounting is, so don’t let the terminology intimidate you. .
Meeting Today’s Constituent Expectations!
NonProfit PRO
NOVEMBER 13, 2023
In support of our customers, the team at Amazon Web Services (AWS) for Nonprofits is dedicated to helping nonprofits innovate to meet those expectations. Meet your AWS for Nonprofits account manager today, and get constituent obsessed!
Accounting as a Shared Responsibility? Why the Most Effective Nonprofits Share Financial Management Across Leadership Teams
The Charity CFO
JANUARY 22, 2025
The truth is, many successful nonprofits empower leaders to manage their own department budgets. In this article, well explore why financial management is a shared responsibility and how nonprofits can use this strategy to drive their missions forward. Does this fill you with doubt and worry?
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Beyond Donations: A Guide For Effective Nonprofit Financial Management
Bloomerang
FEBRUARY 16, 2024
Financial management is possibly the most important aspect of your nonprofit’s operation. The services and programs your organization delivers are vital, but improper or ineffective fund management is a disservice to your donors and the people and cause you serve.
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Advance your mission with Sage nonprofit accounting and management software
The NonProfit Times
SEPTEMBER 3, 2024
Flexible advanced functionality to streamline essential finance and accounting processes like nonprofit revenue recognition, grant tracking and billing, spend management and Sage Intacct Mateo to make savings and loans management uncomplicated and effortless.
Theresa Guest Joins The Charity CFO as Accounting Manager
The Charity CFO
MARCH 16, 2022
Today we’re proud to announce another amazing addition to the industry’s best nonprofit accounting team! Theresa Guest is joining The Charity CFO team in the role of Accounting Manager. The post Theresa Guest Joins The Charity CFO as Accounting Manager appeared first on The Charity CFO.
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The New Nonprofit Checklist: From Finances to Management
Get Fully Funded
OCTOBER 26, 2022
Getting your programs off the ground, ensuring legal compliance, recruiting staff and volunteers, and correctly managing your nonprofit’s finances can be daunting. This checklist is a great starting point, and don’t be afraid to reach out to an expert like a nonprofit accountant for help or answers to any questions that arise.
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How to Fix Your Nonprofit Accounting
The Charity CFO
MARCH 28, 2024
Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules.
What to Look for in Nonprofit Accounting Services
The Charity CFO
JULY 1, 2024
Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors.
7 Questions to Ask a Nonprofit Accountant
The Charity CFO
APRIL 26, 2024
That’s why it’s so important to know what to look for in a nonprofit accountant. The next step is to ask your potential nonprofit accountant a few questions to see if they’d be a good fit for your organization. Here are seven questions to ask a nonprofit accountant before working with them.
The Ideal Nonprofit Accounting Tech Stack
The Charity CFO
APRIL 1, 2024
Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. Nonprofits are subject to a lot of legal and financial scrutiny.
Your Best (QuickBooks) Year Ever
Non Profit Accounting Academy
JANUARY 9, 2025
What would make 2025 your best year ever for managing the finances of your organization? For any organization to achieve such financial goals, it takes someone with nonprofit financial management knowledge and the willingness to lead. The post Your Best (QuickBooks) Year Ever appeared first on Nonprofit Accounting Academy.
What to Look for in a Nonprofit Accounting Partner
The Charity CFO
APRIL 2, 2024
Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Nonprofits face unique financial challenges and responsibilities that require specialized expertise and support. That’s why you need a strong accounting partner who specializes in nonprofits.
Free and Low-Cost Nonprofit Accounting Tools
NonProfit Hub
SEPTEMBER 5, 2017
When your nonprofit stays on the ball about adapting to new tools, it can work to achieve its mission. Part of this comes from good customer relationship management tools, but it can also include day-to-day operational things, like accounting and fundraising. . QuickBooks. Additional users must purchase additional product keys.
Nonprofit Accounting Services: The Right Solution
The Charity CFO
NOVEMBER 10, 2022
What should you look for when evaluating nonprofit accounting services? Nonprofit organizations exist to further a mission or goal. The truth is, many nonprofits tend to fumble when it comes to their books. . Sound financial management helps avoid jeopardizing tax-exempt status and the success of your operation. .
The Complete Guide to Nonprofit Accounting Careers
The Charity CFO
AUGUST 15, 2023
Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. However, most of it is actually the same.
Treasurers of All-Volunteer Organizations: Eight Key Responsibilities
Blue Avocado
OCTOBER 22, 2024
After all, every nonprofit needs to have someone counting the cash, writing checks, safeguarding financial integrity, and managing funds soundly! A Succinct Guide for Nonprofit Treasurers More than half of the nonprofits in the United States are estimated to be all-volunteer organizations (AVOs).
Nonprofit Accounting Basics: 5 Fundamentals to Know
Get Fully Funded
JANUARY 16, 2024
Now that your new nonprofit is up and running, developing a solid foundation for financial management should be a top priority. The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission.
Case Study: Financial Clarity with Modern Nonprofit Accounting Software
The Charity CFO
APRIL 25, 2024
To learn more about how The Charity CFO can use technology to streamline nonprofit accounting, you can set up a consultation here. The Goal in Your Nonprofit Accounting Software Before stepping into the details of how these organizations’ accounting is set up, let’s start at the foundation level.
Your quick guide to better nonprofit financial management
Nonprofit Marketing Blog
FEBRUARY 24, 2013
If you feel the need to strengthen your financial management savvy, check out StrongNonprofits.org , a new website featuring free tools, how-tos and guides. Features range from a nonprofit accounting guide, to an article on sensible growth strategies, to a podcast on how to understand the true costs of programming.
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Why Do Nonprofit Accountants Quit?
The Charity CFO
APRIL 15, 2022
Triná Owens is a former nonprofit financial director who left her job to become an Accounting Manager at The Charity CFO. In this episode, she and Tosha tell you the top reasons that your accountants don’t stick around. In this episode, you’ll discover: The top 3 reasons nonprofit accountants walk out the door.
What to look for in nonprofit accounting financial statements
The Charity CFO
MARCH 23, 2023
Nonprofit accounting financial statements may seem like a chore. Nonprofits use financial statements to comply with IRS regulations, build trust with donors, and plan for the future. You may think that nonprofit financial statements are the same as those at for-profit companies, but this is not the case.
4 Best Practices for Managing Advocacy Group Finances
Top Nonprofits
MAY 24, 2024
Effective financial management is essential for any organization. No matter your purpose, well-managed finances yield data-driven insights that allow those in financial positions to plan and achieve the organization’s goals. Your advocacy group’s leadership can also help ensure each policy aligns with compliance standards.
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Understanding Nonprofit Overhead Costs: Myths vs. Reality
NonProfit Leadership Alliance
AUGUST 20, 2024
Overhead expenses can cover the following categories: Management and general expenses Fundraising expenses Membership development expenses Your nonprofit includes these costs as supporting activity expenses in the financial statements you compile, such as the Statement of Activities and Statement of Functional Expenses.
Is Your Nonprofit Ready for Increased Funding Scrutiny? Here’s How to Prepare
The Charity CFO
MARCH 13, 2025
This ensures accountability and makes audits or donor inquiries easier to manage. Pro Tip: Use expense management software like Bill Spend and Expense to track and categorize expenses automatically. With 85% of our clients undergoing audits, we know how critical it is to have a robust accounting foundation in place.
The Difference Between Traditional Payroll and a PEO for Nonprofits
The Charity CFO
DECEMBER 23, 2024
As a nonprofit leader, you’re constantly looking for ways to streamline operations and maximize resources. When it comes to managing your organization’s workforce, you have two primary options: traditional payroll services or a Professional Employer Organization (PEO).
7 Essentials Of Nonprofit Financial Management
The Charity CFO
JANUARY 5, 2023
Many nonprofit organizations tend to let their financial management slip on the backburner as they get busy fulfilling their mission. Sure, your mission should be a priority, but managing finances can’t be neglected either. Policies for Good Financial Management. Accountability for everyone involved.
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5 Nonprofit Cash Management Statistics & Trends for 2024
Top Nonprofits
JULY 2, 2024
Managing your nonprofit’s finances is about more than just raising money and recording what you earn and spend. This means it’s crucial not only to manage your organization’s reserve funds well but also to stay aware of the current financial best practices and trends in the nonprofit sector.
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Google Ad Grants Management: 4 Benefits for Nonprofits
Fundraising Coach
OCTOBER 25, 2023
Resources like the Google Ad Grant offer additional ways to boost your nonprofit’s online presence, but each marketing tool you add to your strategy requires time and energy. Professional grant management allows your nonprofit to unlock the power of the Google Ad Grant while saving your team’s time for other marketing endeavors.
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Decision-Making in Nonprofits: Insights from a Data Expert
The Charity CFO
DECEMBER 4, 2024
In the latest episode of A Modern Nonprofit podcast, host Tosha Anderson sat down with Sawyer Nyquist, a data expert who specializes in analytics and data management for nonprofits.
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How to Manage Payroll for Your Staff: A Nonprofit Guide
Top Nonprofits
FEBRUARY 23, 2024
In this guide, we’ll explore how to manage payroll for your staff. The first step to effectively manage staff payroll is to gain a holistic understanding of your employees’ efforts and compensation. This data is crucial to effective financial management and nonprofit compliance, especially for annual filings such as Form 990.
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Top 5 Nonprofit Financial Red Flags According to a CPA
The Charity CFO
APRIL 19, 2022
In our experience, nonprofits with little in reserve and/or low cash balances tend to have financial management challenges, often including: Poor collection of accounts or pledges receivable. For this reason, your “Days in Cash” metric is more helpful for managing the day-to-day business of a nonprofit.
Nonprofits vs For-Profit Businesses: Key Differences and Similarities
Nonprofit Fixer
JANUARY 14, 2025
Legal Registrations: All for-profit businesses and nonprofits should have an EIN and be registered in a state or territory. Accounting: For-profit businesses and nonprofits both have similar banking and bookkeeping needs (though there are some differences in nonprofit accounting ).
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